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  Morocco |
About Morocco
- Mediterranean Climate. Average temperatures
of 19 degrees Celsius. More than
3,000 hours of sunshine per year
- Easy access from the
USA and northern Europe. 3 hours from London
- Low cost
of living. Enjoy a luxury lifestyle for very little
- Beautiful
geography. Endless stretches of unspoilt beach. Mountains,
fertile plains and rivers flow into the endless sands
of the Sahara
- Captivating Moorish culture at its finest. Distinctive
flavour of the cuisine and allure of the colourful
Moroccan market place
- Morocco is now
considered one of the most fashionable retreats
for the rich and
famous. Famous home-owners in include: Yves Saint
Laurent, Elizabeth Taylor, The Rolling Stones, Jean
Paul Gaultier, Richard Branson and the Beckhams
INVESTING
IN MOROCCO
- Morocco is serious about tourism
as the country’s
primary export for the future
- The Moroccan Government
has embarked on a national tourism strategy that aims
to increase the number of foreign visitors from 2.2 million
currently to 10 million by 2010
- Under “Vision 2010”,
the Moroccan Government has guaranteed to provide the
necessary infrastructure to connect coastal resorts
with the rest of the country and Europe by constructing
1,000 kms of new roads, increasing internal and
international flights, and developing new regional
airports
- As a result, the property market in Morocco
is just starting to boom and provides an outstanding
investment opportunity
- There is a new open
skies agreement with Europe that means low cost flights
to the area are now being introduced
- Property prices at least
50% less than other European resorts
- Well-established
economy
- Commitment of the Moroccan Government to membership
of the EU
- Safe Investment – property
law is based upon Napoleonic principles with Notary supervised
property registration similar to France and Spain
- 60% mortgages are available
- Easy repatriation of investment
when you re-sell in the future
- Low property taxes with
no rental tax in Morocco for 5 years
- Capital gains tax
initially 20% on profits but after 5 years it falls to
10% and after 10 years it is 0%
- No inheritance tax if
passed to a family member
- 10 Year build guarantee for
those properties sold by Morocco Properties Ltd.
- French, Spanish & English widely spoken
- Voted
3rd best investment destination in International Property
Investor magazine
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